Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 98642 · WA

27 completed flips in the last 12 months, $165K median gross margin, 151-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
27
Median Gross Margin
$165K
Median Hold
151 days
Median Home Value
$655K

Market snapshot

Population
25,005
Median Household Income
$110,319
Median Home Value
$655,470
Median Rent
$2,695

This report covers ZIP 98642, ZIP 98642, WA. Demographic and housing figures blend U.S. Census ACS 5-year estimates with current rental listings. Flip-activity figures come from public county records of real estate transactions in the last 12 months, filtered to exclude wholesale deals, family transfers, and new construction.

Flipper activity in ZIP 98642

In the last 12 months, 27 properties in ZIP 98642 were purchased and resold at a profit, matching a real-flip profile (minimum 28-day hold, positive gross margin, non-new-construction). The typical flip cleared $165K in gross margin before rehab, carrying, and closing costs, with a median hold time of 151 days.

Top flippers in the zip

RankFlipper / LLCFlips
1OPENDOOR PROPERTY TRUST2
2NYLUND INC2
3COLUMBIA REDEVELOPMENT LLC1
4WEST PEAK CONTRACTORS LLC1
5DOTY ASHLEY C1

Recent example

2605 NE 159TH ST, RIDGEFIELD, WA, 98642 · COLUMBIA REDEVELOPMENT LLC
Bought $255,000, sold $510,000 (+$255K), held 113 days.

See every flip in 98642, with full buyer and deal details

The full tool shows every flip transaction with buyer entity, exact purchase price, sale price, margin, and hold time. Plus the complete flipper leaderboard, comps for any address, rental analysis, and our T1F Market Score.

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Nearby markets in WA

Same-state markets near ZIP 98642. Click any to see its fix-and-flip snapshot.

Tier One Funding
Direct bridge & fix-and-flip lender

We built this tool. We also write the loans on flips just like the ones above.

$1B+
Funded
4 days
Typical close
No
Interior appraisal or inspection
15
States

About this data

Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to properties bought and resold within 12 months at a positive gross margin, with a minimum 28-day hold time to exclude wholesale and assignment deals. New construction and family transfers are excluded.

Gross margin: Sale price minus purchase price. Does not include rehab, carrying, or closing costs. Use our Deal Calculator to model full project returns.

Demographics and rent: Population, median household income, and median home value from U.S. Census ACS 5-year estimates (2022). Rental figures reflect current listings from SFR Analytics.

Why we built this: Tier One Funding is a direct bridge and fix-and-flip lender. We built this free tool because flippers kept asking us, "What are the real numbers in my market?" and there was no free answer that wasn't buried behind a paywall. Use the data to decide where to buy, then call us when you need bridge capital.